Connemara
Stylish Dinosaur
- Joined
- Mar 9, 2006
- Messages
- 38,443
- Reaction score
- 1,882
SFers should be happy about the last one! http://www.npr.org/blogs/money/2011/...stries?ps=cprs
Uniform/LA's latest collection of comfortable essentialls featuring clean cuts and subtle tones is now available. Our pick is this sky blue long sleeve tee sky blue long sleeved tee Check out the entire suite of new pieces in the collection here Uniform/LA is know for premium materials and meticulous pattern making. Support a small business built on quality and integrity.
STYLE. COMMUNITY. GREAT CLOTHING.
Bored of counting likes on social networks? At Styleforum, you’ll find rousing discussions that go beyond strings of emojis.
Click Here to join Styleforum's thousands of style enthusiasts today!
Styleforum is supported in part by commission earning affiliate links sitewide. Please support us by using them. You may learn more here.
SFers should be happy about the last one!
But not the fourth.
^why not? If the likes of J Crew, Gap, Banana Republic...etc...etc all die off, we'd all be better off. Everybody in bespoke clothing, tailored exactly to fit your bodily idiosyncracies
I can't believe the market for trailer parks is in such decline.
Nowadays, apparel manufacturing in America is not done by free Americans. Emphasize "free" and "American". Most of the workers are undocumented and you can see US made quality through shoddy stitching and uneven pattern matching. The classic example of what I'm talking about is AA (made in downtown LA), who also makes uniforms for US Army. I used to buy tons of US made outdoor equipments, from HID lights to knives and hiking bags, and I can tell you that made in USA means diddly squat these days. Then, you have prison labor, comprised of mostly immigrants and untrained natives, churning out "made in USA" denim trousers with pride and love.
It is trailer dealers, but that surprises me, as well.
Do you think we're going to see a return to "real" underwriting practices, like 20% down and 36/28 (I think that's the %) ratios?
Qualifying ratios are definitely back in vogue. I don't think they'll be precisely defined, but I don't think we'll see 50+ backend ratios like we did in the fury of ninja loans. As to downpayment: no, not 20%, although we are seeing risk-based pricing, in rates and up-front fees depending upon downpayment. In the old days, about the only pricing difference was in the mortgage insurance rate. I closed a deal a couple weeks ago for a "golden" buyer: they went 80-10-10 and got nicked on the 80 with a bunch of up-front fees because of the existence of the 10 second. That would never have happened three years ago: the pricing would've been the same as if they'd put down 20%. Things are just going to be different; it isn't necessarily a bad different. I think most people in mortgage industry learned their lesson. Or they are hiding out while they figure out a way to game the system again.
It is trailer dealers, but that surprises me, as well.